464: How HGTV’s Heather Rae and Tarek El Moussa Flipped Over 1,000 Houses
HGTV’s Heather and Tarek El Moussa have built an empire that any entrepreneur would be jealous of. They’ve collectively flipped over a thousand homes, started syndications with tens of millions of dollars invested, have a TV show that rakes in money for them to flip more houses, AND they do it all while raising a family. And while they’ve created the life they’ve always dreamed of, some unintended side effects have recently emerged that make things less-than-glamorous.
We’ll touch on the recent “drama” in today’s episode, but before we do, Heather and Tarek break down precisely what they did to build the business they own today. And if you’ve ever thought of flipping houses before, Tarek gives invaluable advice on finding deals, hiring (and firing) contractors, why he’s spending more money than EVER before on renovations, and how you too can build a multi-million dollar house flipping business.
But that’s not all. After a recent slew of negative press, Tarek finally breaks the silence on a recent deal gone wrong and gives the story none of the news outlets would share on how he’s handling a barrage of tenant complaints, online harassment, and even death threats.
In This Episode We Cover
How the El Moussas flipped over one THOUSAND homes across California
Finding house flipping deals and how to see the “potential” in a hideous home
Wholesaling real estate and why Tarek was forced to stop flipping
Why Tarek sees “rough times” ahead and how YOU must pivot if you invest
On-air “drama,” how much of it is real and raw, and the effects it has on Heather and Tarek
Tarek’s recent deal gone wrong and how he’s doing everything he can to make it right
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Finance Review Guest Onboarding
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Hear Tarek on the “BiggerPockets Real Estate” Podcast
Flipping Houses: How to Get Started and Everything You Should Know
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-464
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